09-25-2012 09:45 AM
My 5th statement with my Cap1 Newcomers Card just cut yesterday, and I paid the balance today. I'm part of the credit step program that increases my available CL from $500 to $750 after the 5th statement cuts. The original letter I received said my CL should reflect the bump "by your 7th statement."
For those of you in the credit step program with them, did it really take a full 2 months for your available CL to reflect on your account? Seems like a long time for something that should be easy to change in the system!
09-25-2012 09:56 AM
I received the same letter when I opened the card. My limit went up with my 6th statement and was available immediately
09-25-2012 10:41 AM
I know that I just want to know when it will happen!
09-25-2012 10:43 AM
I agree, but it served the purpose as a Newcomer to the US. Since Saturday I have a ZYNC in my wallet and once Alliant will give me a CLI (I know hardpull), CapOne will be gone.
09-25-2012 11:33 AM
To concur with what's already been stated, the 6th statement for me on both of my credit step cards had the credit limit increase.
09-26-2012 01:08 PM
Congrats on the CLI. It will be the last one you ever see with that card.
09-26-2012 02:16 PM
not always true, after two years with two cards in the steps program i recently called the executive office. both of my limits were increased to 2k, from 500 and 750
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.